Peter Georgiopoulos is back.
The famed New York shipowner and partner Leo Vrondissis have agreed to acquire Dubai-based United Arab Chemical Carriers (UACC) for an undisclosed price in a deal revealed on Thursday.
The transaction marks Georgiopoulos’ return to the shipping stage after the first hiatus of a 30-year career.
He has been out of shipping since Euronav’s June 2018 takeover of his Gener8 Maritime, where Vrondissis was chief financial officer.